RecycLiCo Battery Materials (CVE:AMY) Trading Down 13.8% – Should You Sell?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) shares were down 13.8% during mid-day trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 412,398 shares changed hands during mid-day trading, an increase of 56% from the average daily volume of 264,428 shares. The stock had previously closed at C$0.15.

RecycLiCo Battery Materials Trading Down 13.8%

The company has a market capitalization of C$32.37 million, a P/E ratio of -62.50 and a beta of 5.06. The company has a 50 day moving average price of C$0.18 and a 200 day moving average price of C$0.12.

RecycLiCo Battery Materials Company Profile

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RecycLiCo Battery Materials Inc focuses on the research and development of recycling battery cathode waste in lithium-ion batteries in Canada and the United States. Its RecycLiCo process produces battery ready materials from modern cathode chemistries, such as Lithium Iron Phosphate, Lithium Manganese Oxide, Nickel Manganese Cobalt, Nickel Cobal Aluminum, and Lithium Cobalt Oxide.

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